Amundi Stoxx Europe Defense UCITS ETF Acc

Amundi Stoxx Europe Defense UCITS ETF Acc is an exchange-traded fund that tracks the STOXX Europe Total Market Defense Capped index, focusing on European companies involved in the military and defense industry. Launched on May 12, 2025, and domiciled in Luxembourg, this accumulating ETF reinvests dividends rather than distributing them, allowing for potential compounding within the fund. Managed passively by Amundi ETF with physical replication, it aims to closely mirror the index's performance through a diversified portfolio of approximately 42 holdings, primarily in electronic technology and defense-related sectors across developed Europe. Key features include a total expense ratio of around 0.35% to 0.64% p.a., currency unhedged in EUR, and no sustainability focus. With assets under management varying between €15 million and €382 million across sources, it provides investors targeted exposure to the European defense market, reflecting broader trends in geopolitical and security-related industries.